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Tuesday, August 16, 2022

Binh Dinh attracts over VND10 trillion in new investments in Jan-June

By Nhan Tam

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DANANG – The central coastal province of Binh Dinh attracted over VND10.5 trillion in new investments between January and June, according to the provincial Department of Planning and Investment.

Some VND8.1 trillion was pledged to 38 new projects, while eight operational projects revised up their capital by over VND2.4 trillion.

Among the new projects, 29 will be developed in the economic and industrial zones, focusing on the industrial, commercial, service, tourism and real estate fields.

As for the foreign investment, the province saw two projects operational in the Nhon Hoi Economic Zone adjust up their capital by US$6.9 million during the six-month period. The province now has 86 operational projects with total registered capital of some US$1.1 billion.

In addition, statistics from the Binh Dinh Investment Promotion Center indicated that in the first six months of 2022, the province exported goods worth US$843 million, up 25.3% year-on-year. The outbound sales of seafood, woodwork and textiles and garments gained ground, while the export of rice and footwear made a sharp fall.

Between January and June, the province presented business certificates to 671 newly-established enterprises with total registered capital of VND6.6 trillion, up 22.5% in the number of firms and 19.1% in capital year-on-year.

According to the 2021 provincial competitiveness index (PCI) report released by the Vietnam Chamber of Commerce and Industry (VCCI), Binh Dinh Province was ranked 11th in the country, with 68.32 points, up 26 spots and 5.14 points year-on-year.

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